Hedge fund Chatham Asset Management and its founder, Anthony Melchiorre, agreed to pay more than $19 million to settle US allegations that the firm improperly traded bonds in a media company that owned the National Enquirer.
A dry spell is parching Canadian farmland when growers most need moisture to plant the wheat and canola crops that help feed the world.
Oil rallied the most in more than a year after OPEC+ unexpectedly announced output cuts that threaten to tighten the market and deliver a fresh inflationary jolt to the world economy.
Video game company Activision Blizzard agreed to a settlement with the Justice Department ensuring the company doesn’t suppress the wages of esports players even if it is acquired by Microsoft Corp.
High government spending may hamper the Bank of Canada’s ability to control inflation for years to come, despite assurances from fiscal authorities that they’re acting with sufficient restraint.
Former President Donald Trump has hired former federal prosecutor Todd Blanche, who once represented Paul Manafort, to help defend him against criminal charges brought by Manhattan District Attorney Alvin Bragg.
The most expensive race for a state Supreme Court seat in US history has given Democrats a chance to workshop ways to keep abortion rights front and center after some victories in the 2022 midterms.
Many automakers are seeing stronger US new car sales as dealer inventories are replenished by higher production volumes, but those gains are being muted by high sticker prices and surging financing costs.
Walt Disney Co. Chief Executive Officer Bob Iger came out swinging at Florida Governor Ron DeSantis saying his policies regarding the theme-park giant have been “not just anti-Florida, but anti-business.”
This time, US shale isn’t coming to the rescue.
